Barclays and Merrill Lynch Get More Constructive on Top Steel Stocks
Shares of U.S. steel makers traded higher on Tuesday after Barclays and Merrill Lynch both decided to raise price targets on some of the companies in the steel industry.
Shares of U.S. steel makers traded higher on Tuesday after Barclays and Merrill Lynch both decided to raise price targets on some of the companies in the steel industry.
Credit Suisse has updated its view on U.S. steel companies and where those companies stand to go from here.
While steel prices in the United States may see some near-term upside, one key analyst fears that momentum may run out of steam into summer.
With the government finally getting tough with China, iron ore prices rising, and demand improving, things are looking much better for these top steel companies and the industry as a whole.
Where there is smoke there is fire, but there may not be any fire in the world's steel production.
U.S. steel maker Steel Dynamics reports fourth-quarter and full-year 2015 earnings after the closing bell Monday.
Merrill Lynch was once positive on some of the major players in the steel industry, but now it believes these falling prices could spell disaster for AK Steel or U.S. Steel.
We mentioned often that the market has not seen a 10% correction for three years. This week's selling may very well get that talking point off the books and set the stage…
This is the perfect time for aggressive growth investors to look to value stocks for a rotation, and a new report from Jefferies highlights five top picks for this week.
Cowen says that the time to buy the top stocks is now and to take advantage of any weakness in the shares to initiate or add to positions.
Monday's top analyst upgrades, downgrades and initiations Include Ambev, CTI BioPharma, Duke, Humana, Occidental Petroleum and Yelp.
In the past three days, one U.S. steel company cut its earnings forecasts drastically, and the two others offered weak outlooks.
Friday's top analyst upgrades and downgrades include Broadcom, Cameron International, Intel, Mobileye, Sanmina and Vitesse Semiconductor.
Thursday's top analyst upgrades, downgrades include Apple, Barrick Gold, Corning, Groupon, Peabody Energy and SolarCity.
These are the top analyst upgrades and downgrades from 24/7 Wall St. for Monday, August 25, 2014.